Q1 Earnings Forecast for Canadian Tire Issued By Desjardins

Canadian Tire Co., Limited (TSE:CTC - Free Report) - Investment analysts at Desjardins dropped their Q1 2025 earnings per share (EPS) estimates for Canadian Tire in a research report issued to clients and investors on Wednesday, May 7th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $1.08 for the quarter, down from their prior estimate of $1.48. The consensus estimate for Canadian Tire's current full-year earnings is $13.70 per share. Desjardins also issued estimates for Canadian Tire's Q3 2025 earnings at $3.00 EPS, Q4 2025 earnings at $3.69 EPS and FY2025 earnings at $11.56 EPS.

A number of other research analysts have also recently commented on the company. Scotiabank set a C$140.00 price objective on Canadian Tire and gave the stock an "underperform" rating in a research note on Friday, February 7th. BMO Capital Markets upgraded Canadian Tire from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 20th.

Canadian Tire Trading Up 0.4%

Shares of CTC opened at C$229.00 on Monday. The stock's 50-day moving average is C$216.93 and its two-hundred day moving average is C$220.30. The stock has a market cap of C$8.76 billion, a PE ratio of 13.14, a P/E/G ratio of 0.49 and a beta of 1.33. Canadian Tire has a 12 month low of C$192.10 and a 12 month high of C$255.00. The company has a debt-to-equity ratio of 150.68, a current ratio of 1.60 and a quick ratio of 1.15.

Canadian Tire Company Profile

Canadian Tire Corporation, Limited, TSX: CTC.A TSX: CTC or 'CTC', is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.

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